The Tom Woods Show, episode 670.

Prepare to set fire to the index card of allowable opinion.

Your daily dose of liberty education starts here, the Tom Woods Show.

Hi, everybody, Tom Woods here talking about philanthropy today.

Took us till episode 670 for some reason to talk about this important ingredient of a free society,

and joining us to talk about it is Carl Zinsmeister, who is vice president of publications over at the

Philanthropy Roundtable. You can check them out at philanthropy roundtable.org. He's also just released the Almanac of American Philanthropy,

a huge book and a beautiful book, very much worth checking out. He, for many years, held a chair

at the American Enterprise Institute, where he served as editor-in-chief of its magazine, The American

Enterprise.

From 2006 to 2009, he also served in the West Wing as the president's chief domestic policy

advisor. Carl, welcome to the show.

Happy to be with you.

Tell me about the philanthropy round tape before we get started.

Well, we're an association based in washington dc that uh helps

donors of all types um basically become more effective and more efficient in what they do so we try

not to prescribe what they should do but we we try to just make them uh do it well because private

giving is just a really important part of our nation and

solver of public problems. I wonder about the trends in private giving. Now, how long have you

been with the philanthropy roundtable? I've been here, what, four or five years, something like that,

and it's gone up every year. That's kind of been the pattern through American history.

But there's a very interesting kind of constant, which is that private giving has, with little

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